Pravin Ratilal Brokers Franchise / Sub Broker / Authorized Person / Partner Review

Pravin Ratilal Brokers Franchise had been in the Financial Market for more than 60 years and it is considered to be one of the oldest Financial Advisory and stock Broking firms.

The company is a complete research-based and client oriented organization with providing various services like Equity and Derivatives Trading, Depository and Demat Services, IPO and Book Building, Portfolio Advisory Services, Fixed Deposits and Mutual Funds.

Pravin Ratilal Brokers is a reputed firm that has more than 25 branches and franchisees spreading across the state of Gujarat.

The article will give an in-depth understanding of one of the leading Stock broking Firms, Pravin Ratilal Brokers Sub Broker Program, its business models, security deposit investment, revenue sharing model, and offers, and many more.

Pravin Ratilal Brokers Franchise Ratings & Review by Top10StockBroker

About Pravin Ratilal Brokers Franchise

Pravin Ratilal Brokers, the most reputed firm which stays committed to serve the clients with utmost satisfaction and safety is a public based company offering full service broker.

Headquartered in Ahmedabad, Gujarat, the company was established in 1957 by Ashwin Dani.

The company takes about 30 days to successfully activate sub broder ID. The payout time for sub broker to receive commission is 35 days.

Become an Authorized Pers0n of  Pravin Ratilal Brokers

Types of Pravin Ratilal Brokers Business Models

The broking has 2 major franchise business models –

• Authorized Person / Business partner / Sub broker
• Master franchise

Pravin Ratilal Brokers Sub Broker or Pravin Ratilal Brokers Authorized Person

The Pravin Ratilal Brokers offers sub broker or Authorized Person (AP) or Business Partner to all the clients. Sub broker is someone who on behalf of the Stock broker deals directly with the end users.

Since the stock broker does not interact or trades with clients so the sub brokers in behalf of the stock broker add more business and help the clients for smooth trading transactions.

The sub broker needs to pay an initial security deposit of minimum Rs 50,000 that may exceed up to Rs 100,000 and enjoy commissions that range between 50% and 70%.

Benefits of Pravin Ratilal Brokers Authorized Person

• The Company provides smart and innovative platforms for the sub brokers to experience a great trading.
• Pravin Ratilal Brokers provide Advisory stock tips and recommendation to the sub brokers which helps them to support the client and increase revenue.
• Pravin Ratilal Brokers can be started with minimum Rs 50,000 investment amount.
• Every products, services and offers that are launched by the franchiser are also available to the sub brokers.

Pravin Ratilal Brokers Master Franchise

Pravin Ratilal Brokers offer Master Franchise which is the most lucrative angle of the franchise.

Master franchise is basically a franchising contract where the master franchise tends to put all the control of the franchising activities into a specified territory, a person or entity.

The master franchise needs to pay an initial security deposit of a minimum of Rs 100,000 that may exceed to Rs 500,000.

The master franchise receives commission from Pravin Ratilal Brokers that ranges between 70% and 85%.

Benefits of Pravin Ratilal Brokers Master Franchise:

• The master franchiser benefits from the franchisor with international marketing, increased profits on supplies and products, ongoing access to the franchisor’s newest systems and technologies and it also become an ideal way to increase profits and supplies.
• The master franchise has a tremendous great opportunity in building a large business.
• Being a master franchisee is prestigious which gives an enormous amount of financial leverage and satisfaction.
• Master franchise has a complete control over the business empire.

Pravin Ratilal Brokers Partner Revenue Sharing or Pravin Ratilal Brokers Sub Broker Commission

Pravin Ratilal Brokers under the revenue sharing model offers master franchise and sub broker.

Master franchise enjoys revenue sharing percentage which varies between 70% and 85% whereas sub broker enjoys revenue collection which ranges between 50% and 70%.

There are no revenue sharing percentages from remisier and referral program.

Refer to this Table for clear picture:

Find the list of Sub broker Franchise with decent revenue sharing models:

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Pravin Ratilal Brokers Franchise Cost or Security Deposit

Under the security deposit model, Pravin Ratilal Brokers offer Master franchise and sub broker. The master franchise needs to pay an initial security deposit of Rs 100, 000 which may exceed up to Rs 500, 000.

The Pravin Ratilal Brokers levies a security deposit with minimum Rs 50,000 that may go up to Rs 100,000 but there is no remisier or referral program under the section of security deposit.

Check this table below for better understanding of Pravin Ratilal Brokers Franchise Cost:

Find the list of Stock Market Franchise with low initial investment amount:

Pravin Ratilal Brokers Franchise Infrastructure Set-up Cost

It is necessary that the sub brokers have a proper infrastructure set-up as the clients in many instances would visit sub-broker’s office.

Thus, Pravin Ratilal Brokers would want the clients feel good and satisfied visiting the sub broker’s office as that would create a good impression about the company to the clients.

The infrastructure investment includes an office area of minimum 200 Sq Ft with minimum 2 employee strength.

The sub-broker should provide a smooth internet connection and telephone lines and great research services but trading terminals in not required by the company.

Pravin Ratilal Brokers Sub Broker Offers

• Zero deposit scheme is not active at present in the company.
• Low security deposit scheme facility is unavailable in the company.
• Pravin Ratilal Brokers provide flexible revenue sharing to the sub brokers and clients.
• The Company does not offer flat revenue sharing.
• The company offers the facility ‘zero revenue sharing with prepaid’ scheme.

The offers can easily be availed by all Pravin Ratilal Brokers Authorized Person once they register with Pravin Ratilal Brokers.

Pravin Ratilal Brokers Franchise or Pravin Ratilal Brokers Authorized Person – Eligibility Criteria

Before discussing the criteria that are exclusive to Pravin Ratilal Brokers, it is important to take a note of the statutory & regulatory requirements.

The individual who wants to register themselves as a sub broker in the Pravin Ratilal Brokers are required to fulfill the following eligibility criteria or guidelines:

• The mandatory requirement of the applicant is that they must have a registration certificate with SEBI.
• Basic criteria like age, academic, qualification, experience, etc needs to be fulfilled by the individuals who are applying for sub brokership.
• Pravin Ratilal Brokers require the applicant to have a decent office area to attend the clients.
• As per to education qualification, the applicant need to complete higher secondary education. The applicant with a graduation degree will have an added benefit.
• They are expected to have high skills on good management.
• The applicant needs to be thorough or remain up to date with all the latest information on Environment, Politics or on Economics, etc.
• Basic knowledge on computer is a must requirement from the applicant who is eager to be a sub broker.
• The applicant should have an experience with handling stock broking products’ business.
• There should not be any pending criminal procedures held against the applicants.

How to become a Pravin Ratilal Brokers Sub broker or Authorized Person?

To be a sub broker in the Pravin Ratilal Brokers, the applicants are required to follow the simple steps:

1. A form fill be given to the applicants which they all need to fill up with all correct details.
2. Later, the executive will contact the applicant to discuss on the interests and verify all the details.
3. There will be a meeting held in between the executives and the Business team of Pravin Ratilal Brokers where they will discuss on topics including business models, security deposit amount, revenue sharing percentage, infrastructure investment, offers, company’s expectations and the supports provided by the company’s end.
4. Post the discussion, the applicant will need to sign on an agreement and submit some of the documents required by the Company.
5. At the end of the execution of the agreement, a sub broker idea is given to the applicant. After the booker ID gets activated, sub broker can start working with the company.

Documents required to become Pravin Ratilal Brokers Authorized Person

One needs to submit a minimum of the following documents:

• PAN,
• AADHAAR Card
• NISM and SEBI certificates
• GST Certificates
• Canceled Cheques
• Educational certificate
• Others

Know about other stock broking franchise:

Why Partner with Pravin Ratilal Brokers?

Here are the various reason to partner with Pravin Ratilal Brokers:

• The initial security deposit that is paid by the sub brokers will be refunded back to them at the end of the tenure.
• The infrastructure requirement is so set that it fulfills all the requirements that are needed to maintain the standard of a stock broking house.
• Master franchise experience revenue sharing percentage rising high to 85% with a minimum revenue of 70%.
• The Company Franchise provides acquisition training and product training to all the sub brokers and clients.

Pravin Ratilal Brokers Franchise Conclusion

Pravin Ratilal Brokers is a complete package that has attractive revenue share percentage, supports and offers.

Unlike other stock broking houses, the facility of zero revenue sharing with prepaid is available in the company.

The company provides numerous supports like Back-office support, trading support and advisory support.

Find more sub broker franchise review: click on the links below

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